About Errand Service
Errand service is for people and businesses who are unable to complete their regular errands. The errands are categorized into corporate, employee, and executive errands, which include pick up / drop off service, grocery shopping, pet sitting, car cleaning and servicing, and emergency & healthcare services, and others. Errand service providers recruit locally established and office-based errands for completing their work. It is utilized by individuals and business professionals for running errands like grocery shopping, pet sitting, etc.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
TaskRabbit (United States), Uber Technologies Inc (Postmates) (United States), Errand Plus and Personal Services (United Kingdom), Oak Business Consultant LLC (United States), Errand Up (United States), DoorDash, Inc. (United States), Naborforce (United States), Errands 24/7 (United States), Almost Anything Inc (United States) and Errand360 (Nigeria) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Errand Service market by Type (Corporate Errands, Employee Errands and Executive Errands), Application (Individual and Business) and Region.
On the basis of geography, the market of Errand Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service, the sub-segment i.e. Pick up / Drop off Service will boost the Errand Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Booking Medium, the sub-segment i.e. App will boost the Errand Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Marketing and Promotional Activities for the Errand Service Business and Omnichannel Facilities for Booking Errand Services Online
Market Growth Drivers:
Growing Need for the Errands Services who are Unable to Manage the Regular Tasks and Demand for Employment Services
Challenges:
Stiff Competition in the Errand Services Market
Restraints:
High Cost Involved with the Errands Services which Middle-Income Class Group Cannot Afford
Opportunities:
Growing Usage of App-based for Errand Services and Surging Demand for Errands Services from Developing and Developed Regions
Market Leaders and their expansionary development strategies
In July 2021, Errand360, a new logistics startup has launched a bicycle-based delivery service in Nigeria. The bicycle delivery platform is built to serve users with demand for quick and short errands within their communities and on-demand delivery services. It serves users with a variety of delivery services, with the first phase of rollout beginning in Lagos and users able to access its services via mobile app.
In November 2019, Almost Anything Inc., announced its app launch that will continue to provide real-time, detail-oriented, on-demand errand and delivery services. Available for free download in both the Apple App Store and Google Play Store, this release is perfectly timed in advance of the busy holiday season.
Key Target Audience
Errand Service Indutry Associations, Errand Service Providers, Regulatory Bodies, Financial Investors, Research and Development and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.